Waste Management

(

WM

) pushed the Materials & Construction industry lower today making it today's featured Materials & Construction loser. The industry as a whole was unchanged today. By the end of trading, Waste Management fell 19 cents (-0.6%) to $32.44 on average volume. Throughout the day, 3.1 million shares of Waste Management exchanged hands as compared to its average daily volume of 2.9 million shares. The stock ranged in price between $32.33-$32.67 after having opened the day at $32.64 as compared to the previous trading day's close of $32.63. Other company's within the Materials & Construction industry that declined today were:

India Globalization Capital

(

IGC

), down 8.2%,

Perma-Fix Environmental Services

(

PESI

), down 6.7%,

Skyline Corporation

(

SKY

), down 6.2%, and

Nobility Homes

(

NOBH

), down 5.1%.

Waste Management, Inc., through its subsidiaries, provides waste management services to residential, commercial, industrial, and municipal customers in North America. It offers collection, transfer, recycling, and disposal services. Waste Management has a market cap of $15.25 billion and is part of the

industrial goods

sector. The company has a P/E ratio of 16.2, equal to the average materials & construction industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 0.7% year to date as of the close of trading on Wednesday. Currently there are no analysts that rate Waste Management a buy, one analyst rates it a sell, and seven rate it a hold.

TheStreet Ratings rates Waste Management as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front,

Integrated Electrical Services

(

IESC

), up 9.2%,

Goldfield

(

GV

), up 5.6%,

Orion Marine Group

(

ORN

), up 4.9%, and

United States Lime & Minerals

(

USLM

), up 4.3%, were all gainers within the materials & construction industry with

Lennar Corporation

(

LEN

) being today's featured materials & construction industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the materials & construction industry could consider

SPDR S&P Homebuilders ETF

(

XHB

) while those bearish on the materials & construction industry could consider

ProShares Short Basic Materials Fd

(

SBM

).

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